Join CFAI principal, Donny Springer, ASA, at The ESOP Association's 42nd National Conference in Washington, D.C., May 22nd - 24th, 2019.
The 2019 annual conference offers networking and educational opportunities, more than 70 sessions in five learning tracks, and includes peer-to-peer round table discussions. CFAI principal Donny Springer will speak in the following presentation as part of the Technical Topics track:
Thursday, May 23, 2019
10:00 a.m. - 11:00 a.m.
Second-Stage ESOP Transactions - Lessons from the Trenches
Second-stage ESOP transactions present a number of unique issues: pricing and fairness issues to current ESOP participants and non-ESOP shareholders; dilutive impact of the second leveraged purchase; price protection (floor price); benefit allocation and repurchase analysis; and loan consolidation.
Marcus R. Piquet, AmbroseAdvisors
Donny Springer, Columbia Financial Advisors, Inc.